PRESIDENT ROOSEVELT

Evening Star, Issue 21633, 31 January 1934, Page 7

PRESIDENT ROOSEVELT

MANIFESTATIONS OF LOYALTY FIFTY THOUSAND BIRTHDAY GREETINGS Press Association —By Telegraph—Copyright, NEW YORK, January 29. In one of the most unique manifestations of loyalty ever given to any President, America will observe President Roosevelt’s fifty-second birthday tomorrow with 6,000 subscription balls, the proceeds of which will go to Warm Springs Foundation, where President Roosevelt regained his health in a long fight with infantile paralysis, and later endowed it as an institution for paralysis sufferers, mainly children. After an intimate White House dinner party President Roosevelt will 'broadcast over _ a nation-wide radio hook-np his thanks “ on behalf of the nation’s crippled children.” More than 50,000 birthday greeting cards have already been received at White House. From Alabama a telegram of congratulations bearing 50,000 signatures was forwarded to White House. From the top of Mount Washington, New Hampshire, giant skyrockets will be fired off, while from Little America Admiral Byrd will wireless the President greetings. In many cities schools will observe a half-holiday, and schools everywhere will perform exercises appropriate to *the occasion. Hotels throughout the nation have arranged to add 50 cents to the dinner cheques of those who wish to contribute for the benefit of Warm Springs.

THE MONETARY BILL CURRENCY WAR UNLIKELY. WASHINGTON, January 30. The House of Representatives to-day agreed to the minor amendments made by the Senate in the President’s Monetary Bill, completing Congressional approval of the new monetary policy. The Bill is expected to become law tomorrow with President Roosevelt’s signature, immediately after which, it is indicated, the President may proclaim devaluation of the dollar to the 60 cent level.

Mr Morgenthau hinted that the United States may approach Britain soon, perhaps next week, for a possible stabilisation agreement, H© said he anticipated no currency war with Britain. “ Such a war would be costly to both countries,” he said. “At any rate, no war has been declared by this country.”

N.R.A. CRITIC

FORMER SECRETARY TO TREASURY.

NEW YORK, January 29,

(Received January 31, at 1 a.m.)

A message from Topeka, Kansas, states that the former Secretary of the Treasury (Mr Ogden Mills) in a speech expressed the opinion that planned national economy could be achieved only at “ frightful social cost, with a centralised bureaucracy and regimentations inimical to American principles.” Mr Mills, who aspires to the Republican Presidential nomination for 1936, declared that one way out of the depression would be to abandon the present policy of isolation and intense nationalism and modify to some extent the recent tariff practices.

PRESIDENT SIGNS BILL WASHINGTON, January 30. (Received January 31, at 11.35 a.m.) President Roosevelt has signed the Bill giving the United States Treasury the title to all gold in the Federal Reserve banks, and bestowing upon him power to devalue the dollar by from 40 to 50 per cent. A proclamation is likely to be issued to-morrow.